Africa vs Singapore: Financial Institutions Depth Index
Financial Institutions Depth Index over time
- Africa
- Singapore
How they compare
Singapore currently reports 0.9618 against 0.1313 in Africa, a difference of 0.8305.
That makes Singapore's figure about 7.3 times Africa's.
Across all 41 years both countries report, Singapore has been ahead every year.
Africa ranks 8th and Singapore ranks 5th of 9 groups.
Singapore has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Africa | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0656 | 0.559 | 0.4934 | Singapore |
| 1990s | 0.0837 | 0.6066 | 0.5229 | Singapore |
| 2000s | 0.1013 | 0.758 | 0.6567 | Singapore |
| 2010s | 0.1233 | 0.828 | 0.7047 | Singapore |
| 2020s | 0.1313 | 0.9618 | 0.8305 | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial institutions depth index, Africa or Singapore?
- Singapore, at 0.9618 against 0.1313 in Africa as of 2020.
- What is the difference in financial institutions depth index between Africa and Singapore?
- 0.8305, with Singapore ahead.
- How many years of comparable data are there for Africa and Singapore?
- 41 years are reported by both, from 1980 to 2020.
- How do Africa and Singapore rank globally for financial institutions depth index?
- Africa ranks 8th and Singapore ranks 5th of 9 groups.
- Where does this data come from?
- International Monetary Fund, published as Financial Institutions Depth Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.